Paxos CEO Charles Cascarilla told his employees that the firm was in constructive discussions with the U.S SEC over its Wells notice and the security status of BUSD.
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Paxos
BUSD issuer Paxos has categorically disagreed with the allegations by the SEC. The firm's press release indicated vigorous litigation in this matter if necessary.
Summary: Paxos was ordered to stop minting Binance USD (BUSD) by the New York Department of Financial Services. The order...
Summary: FTX was hacked for hundreds of millions in cryptocurrencies a few hours after filing for bankruptcy. Paxos quickly froze...
Summary: Payments giant Mastercard plans to bring cryptocurrency trading to traditional finance customers via their banks. The company announced a...
Quick take: Paypal’s US customers can now buy, sell and hold Bitcoin and other cryptocurrencies PayPal’s 346 Million global customers...
Huobi Global plans to become the first crypto exchange to list PayPal's new PYUSD stablecoin.
Fintech giant PayPal has rolled out a US Dollar pegged stablecoin on Ethereum called PayPal USD (PYUSD).